Friday, May 4, 2012

Yahoo CEO faces calls for ouster after inaccuracy

Yahoo CEO faces calls for ouster after inaccuracy


Yahoo CEO faces calls for ouster after inaccuracy

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In this Nov. 24, 2010 photo, then PayPal president Scott Thompson, who in January 2012 was named CEO of Yahoo Inc., poses for photos at PayPal's offices in San Jose, Calif. Yahoo shareholder and New York hedge fund manager Daniel Loeb questioned Thompson's qualifications and integrity after exposing a misrepresentation about the executive's education. The fabrication confirmed by Yahoo Inc. on Thursday, May 3, 2012 gives Loeb more artillery as he tries to topple a board of directors favored by Thompson. (AP Photo/Noah Berger)Scott Thompson's reign as Yahoo's CEO is in jeopardy after just four months on the job because he allowed an inaccuracy about his academic credentials to recur for years.


Verdict in Oracle-Google trial likely Monday

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A federal jury in San Francisco is expected to deliver at least a partial verdict Monday in a copyright-infringement trial pitting Oracle against Google.

Dubai plans underwater hotel made of submerged discs, not that it should surprise you

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To say that the city of Dubai — located in the United Arab Emirates — is a playground for the wealthy would be a gross understatement. The urban wonderland is home to some of the most extravagant displays of affluence on Earth, … Continue reading

You have to hand it to the maker of this cell phone glove

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Futurists predict that we'll one day have gadgets like cell phones as part of our bodies. Designer Bryan Cera asks "Why wait?" Cera has designed a literal phone handset that you wear like a glove. The Glove One is only a prototype, but … Continue reading

Want to Turn Your Brand's Fans Into Expert Advisors? Try This Startup

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The Spark of Genius Series highlights a unique feature of startups and is made possible by Microsoft BizSpark. If you would like to have your startup considered for inclusion, please see the details here.

Internet group: Quality over speed in new domains

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The organization in charge of expanding the number of Internet address suffixes — the ".com" part of domain names — is apologizing for delays but says it's favoring "quality, not speed."

Experts unlike ruling in Facebook speech case

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FILE - A Jan. 12, 2012 file photo, shows the Facebook The "like" button on Facebook seems like a relatively clear way to express your support for something, but a federal judge says that doesn't mean clicking it is constitutionally protected speech.


After foreign haul, 'Battleship' faces choppy seas

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In this film publicity image released by Universal Pictures, Tadanobu Asano, left, and Taylor Kitsch are shown in a scene from "Battleship," the first in a string of movies based on Hasbro board games, has survived an armada of tomato-throwing critics and chugged to $170 million in ticket sales overseas.


Samsung to expand music service to include iTunes-like ‘scan and match’ feature

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We've heard that Samsung is planning a cloud service for its Android devices that will rival Apple's iCloud, and now Samsung has announced that it is working on a "scan and match" feature for users' music collections.

Samsung looking to acquire mobile companies (but not RIM)

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Samsung looking to acquire mobile companies (but not RIM)J.K. Shin, president of Samsung's mobile business, sat down with The Wall Street Journal and revealed that the South Korean manufacturer has begun aggressively hiring foreign software engineers in an effort keep pace with Apple's iPhone. Samsung, which has traditionally developed its own hardware, is also embracing the possibility of making key acquisitions in the mobile space. "The technology industry is growing very quickly and it is too much of a burden to try to do everything in-house," Shin said. "There are many qualified workers from India that are very skilled in software. And there are small companies that we can acquire that have good research and development capabilities." Shin did not name any potential targets, however, and was quick


Yahoo in talks to sell 15-25 percent of Alibaba: source

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Yahoo headquarters is pictured in SunnyvaleSAN FRANCISCO (Reuters) - Yahoo Inc could be weeks away from selling 15 to 25 percent of Alibaba Group's stock back to China's largest e-commerce company, in a deal designed to eliminate complexities that had scuttled the parties' previous negotiations, a person familiar with the matter said. The two companies have been in talks for a month, the person said, but cautioned that there is no guarantee a deal will be reached. Numerous discussions have been held in recent years about a deal for Alibaba to reclaim some or all of the 40 percent stake in the company that Yahoo acquired in 2005. ...


Android lost money in 2010

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Android lost money in 2010During Google's ongoing legal dispute with Oracle, the judge presiding over the case revealed the Internet giant's Android mobile operating system was not profitable in 2010, Reuters reported. Google does not publicly report financial information regarding its Android operating system, however the judge did not disclose specific figures, but instead said it lost money in each quarter of 2010. "That adds up to a big loss for the whole year," he said. Oracle argued that Google should not be able to deduct certain Android expenses for the purposes of copyright damages related to the case. Read


Sprint CEO to take pay cut as iPhone costs pinch

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Dan Hesse, CEO of Sprint Nextel Corporation delivers his keynote address at the Cellular Telecommunications Industry Association (CTIA) Enterprise & Applications event in San Diego(Reuters) - Sprint Nextel chief Daniel Hesse said he would take a cut in pay this year, after coming under fire from some shareholders disappointed with the hit the company's results took from subsidizing Apple's popular iPhones. Hesse said his 2012 salary would be cut to repay about $346,000 in incentive pay that he has already received and forfeit additional amounts that he was eligible to receive under his 2011 and 2012 incentive plans. ...


Why Has New York Become a Paradise for Tech Startups?

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Asking budding entrepreneurs where they'd like to build their next startup often elicits the same three-word response: New York City.

Sprint CEO to take pay cut as iPhone costs pinch

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Dan Hesse, CEO of Sprint Nextel Corporation delivers his keynote address at the Cellular Telecommunications Industry Association (CTIA) Enterprise & Applications event in San Diego(Reuters) - Sprint Nextel chief Daniel Hesse said he would take a cut in pay this year, after coming under fire from some shareholders disappointed with the hit the company's results took from subsidizing Apple's popular iPhones. Hesse said his 2012 salary would be cut to repay about $346,000 in incentive pay that he has already received and forfeit additional amounts that he was eligible to receive under his 2011 and 2012 incentive plans. ...


U.S., German auto companies agree on fast charging system

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The General Motors logo is seen outside its headquarters at the Renaissance Center in DetroitDETROIT (Reuters) - Seven automakers, including General Motors Co and Ford Motor Co, have agreed to adopt a fast-charging system that can charge electric vehicles and plug-in hybrids in as little as 15 minutes. The group's goal is to make charging an electrified car as simple as filling a gas tank. Chrysler Group LLC is the latest automaker to join the consortium, which also includes members from Volkswagen AG and its luxury Audi brand, Daimler AG, Porsche and BMW. ...


Want to Turn Your Brand's Fans Into Expert Advisors? Try This Startup

Posted:

The Spark of Genius Series highlights a unique feature of startups and is made possible by Microsoft BizSpark. If you would like to have your startup considered for inclusion, please see the details here.

New malware exploits flaw in old versions of Office for Mac

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New malware exploits flaw in old versions of Office for MacMicrosoft researchers recently discovered a piece of Mac OS X malware that exploits a three-year-old flaw in old versions of Office for Mac. The threat uses a multi-stage attack, just like a Windows virus would. While Microsoft did fix the problem in 2009, the software giant notes that not every machine is up-to-date. The company's data indicates, however, that the malware is not widespread. "No operating system that exists outside a laboratory is entirely immune to malware," Microsoft stated on its blog. "As different operating systems continue to gain in popularity they attract more attention from would-be attackers – especially since, as we see in the example analysis above, the techniques and understanding needed to do so may be much the


Half of Consumers Use Smartphones While Working Out [INFOGRAPHIC]

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Working out may be a time to unwind and clear your head, but more consumers are turning to smartphones to stay connected while exercising, according to a new study.

Summary Box: Yahoo CEO faces possible firing

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JOB IN JEOPARDY: Yahoo CEO Scott Thompson could be fired after just four months at the struggling Internet company because he allowed an inaccuracy about his college education to appear in his official bio, including a version filed with securities regulators.

After foreign haul, 'Battleship' faces choppy seas

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In this film publicity image released by Universal Pictures, Tadanobu Asano, left, and Taylor Kitsch are shown in a scene from "Battleship," the first in a string of movies based on Hasbro board games, has survived an armada of tomato-throwing critics and chugged to $170 million in ticket sales overseas.


YP App Adds Menu Search, Makes Finding Your Favorite Dish Easier

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Looking for your next burrito, slice of pizza or cupcake just got a little easier with an update to AT&T Interactive's YP app. Now in addition to searching for types of restaurants around you, you can look up specific items on the menu.

Yahoo CEO faces calls for ouster after inaccuracy

Posted:

In this Nov. 24, 2010 photo, then PayPal president Scott Thompson, who in January 2012 was named CEO of Yahoo Inc., poses for photos at PayPal's offices in San Jose, Calif. Yahoo shareholder and New York hedge fund manager Daniel Loeb questioned Thompson's qualifications and integrity after exposing a misrepresentation about the executive's education. The fabrication confirmed by Yahoo Inc. on Thursday, May 3, 2012 gives Loeb more artillery as he tries to topple a board of directors favored by Thompson. (AP Photo/Noah Berger)Scott Thompson's reign as Yahoo's CEO is in jeopardy after just four months on the job because he allowed an inaccuracy about his academic credentials to recur for years.


Internet group: Quality over speed in new domains

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The organization in charge of expanding the number of Internet address suffixes — the ".com" part of domain names — is apologizing for delays but says it's favoring "quality, not speed."

Sprint CEO Hesse cuts his pay by $3.25M

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Sprint Nextel CEO Dan Hesse on Friday said he's cutting his 2012 pay by $3.25 million after shareholder complaints about how his 2011 pay was calculated.

Facebook Acquires Location-Based Service Glancee

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Facebook has scooped up another startup in its path toward mobile dominance. This time, it's Glancee, an ambient location-based service that competes with Highlight.

Happy ‘International Day Against DRM’

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Happy 'International Day Against DRM'The Free Software Foundation has created a campaign in an effort to eliminate digital rights management (DRM) and embrace DRM-free media. "While DRM has largely been defeated in downloaded music, it is a growing problem in the area of eBooks, where people have had their books restricted so they can't freely loan, re-sell or donate them, read them without being tracked, or move them to a new device without re-purchasing all of them," the campaign's website reads. "They've even had their eBooks deleted by companies without their permission. It continues to be a major issue in the area of movies and video too." The foundation is hoping to raise awareness surrounding what it views to be a growing problem, and


Why Sound Could Win in the Battle Against Video on the Web

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Just like you learned to crawl before you walked, you learned to listen to your mother's heartbeat from within her womb before you saw anything outside of it.

Summary Box: Quality over speed in new domains

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TAKING ITS TIME: The organization in charge of expanding the number of Internet address suffixes says it's favoring "quality, not speed" in bringing back a system after a software glitch.

Summary Box: Experts unlike Facebook ruling

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FILE - A Jan. 12, 2012 file photo, shows the Facebook WHAT IS SPEECH?: Although Facebook's "like" button seems to be a relatively clear way to express your support for something, a federal judge says that doesn't mean clicking it is constitutionally protected speech.


Wedbush starts Facebook with outperform rating

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(Reuters) - As Facebook Inc prepares to market its $10.6 billion initial public offering to U.S. fund managers next week, brokerage Wedbush Securities set a $44-per-share price target that implies a potential capital gain of about 40 percent for IPO investors. Facebook on Thursday set an indicative IPO price range of $28 to $35 a share, which would value the world's largest online social network at $77 billion to $96 billion. Depending on how the roadshow for investors go, Facebook could begin trading on Nasdaq as soon as May 18. ...

YouTube Ad for Canadian Paralympics Inspires Us All [VIDEO]

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Paralympic athletes are some of the most inspiring people on the planet -- after suffering horrendous injuries, they recover, train and perform at the highest level of athletic competition. This new YouTube ad for the Canadian Paralympic Committee captures all of the emotion and intensity of the Paralymics in a minute-long spot.

Google-Oracle jury clashes on one point

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A reporter uses a cell phone to take a photograph of Google Android 3.0 Honeycomb OSJurors in a high-stakes court battle between Google and Oracle told a judge on Friday that they were in unison regarding verdicts on all but one of the four copyright counts in the case.


Fashion Designer Launches Platform for Crowdsourced Design

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The Spark of Genius Series highlights a unique feature of startups and is made possible by Microsoft BizSpark. If you would like to have your startup considered for inclusion, please see the details here.

Unannounced hardware tweak gives new iPad 2 longer battery life

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Unannounced hardware tweak gives new iPad 2 longer battery lifeWhen Apple unveiled its third-generation iPad in March, the company also announced that the iPad 2 would remain on the market at a reduced price. The Cupertino-based company did not reveal that the year old tablet had a significant upgrade to its internal hardware,however. The original 16GB Wi-Fi only iPad 2 featured a 45nm A5 processor, but the $399 iPad 2 is equipped with a smaller and more power efficient 32nm A5 processor, according to AnandTech. Performance remains the same on both devices, but the smaller processor delivers an overall increase of 16% to battery life while web browsing and a 30% increase when playing games. There is no way to tell whether an iPad 2 features the new smaller


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